Woodside Energy Group Ltd. (NYSE:WDS) completed the sale of a 40% stake in its Louisiana LNG project to Stonepeak Partners for $5.7 billion. Stonepeak will cover 75% of the project’s capital expenditure in 2025 and 2026. The project, located in Calcasieu Parish, has a total gross capital expenditure of $17.5 billion.

Woodside Energy Group Ltd. (NYSE: WDS) made a final investment decision in April 2025 for the Louisiana LNG project, approving Phase 1 with 3 liquefaction trains and a capacity of 16.5 MMtpa. The project holds a permit to export 27.6 MMtpa of LNG annually. Woodside operates in the Asia Pacific, Africa, the Americas, and Europe.

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Read more at Yahoo Finance: Woodside Energy Finalizes $5.7B Sale of Louisiana LNG Stake to Stonepeak